News

Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the offer document in relation to the Offer dated 11 August 2025 ("Offer Document").

We refer to the Offer Document which sets out the details, terms and conditions of the Offer, the announcements dated 28 August 2025 and 13 October 2025 in relation to the non-compliance with Public Shareholding Spread.

The Board wishes to inform that Bursa Securities had vide its letter dated 10 November 2025 granted the Company an extension of time of six (6) months until 27 February 2026 to comply with the Public Shareholding Spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements.

As at 10 October 2025 (being the completion of the Offer), the Public Shareholding Spread of FACB is 12.24% (excluding treasury shares).

As at the date of this announcement, no satisfactory plan has been identified to address the non-compliance with the Public Spread Requirement. FACB will continue to monitor the level of the Public Shareholding Spread and make the necessary announcement in relation to the status of Public Shareholding Spread requirement in accordance with the Listing Requirements.

This announcement is dated 10 November 2025.